Trading Returns to its Roots, the Crypto Exchange With the Ultimate User Experience - FAMEEX

In 2022, the one and a half year long crypto bull market following 'DeFi Summer' has faded away. The continued slump has sapped the vitality from the market. The collapse of Luna and DeFi projects has caused market participants unrecoverable losses. Many established exchanges closed down due to scandals or withdraw runs. A series of well-known exchanges such as FTX, AEX Global, Hoo Exchange, and ZB Global have become the subject of public criticism.

The root cause of all this is partly the downstream effect of the collapse of the DeFi economic model. It's easy to spot the common problem all these exchanges are having: Financial management. With the temptation of high interest available in DeFi, many exchanges chose to embezzle users’ deposits to fund high-risk lending, earning interest on funds, such an irresistible temptation made asset management teams forget about the risks.

As a core custodian of the crypto markets, an exchange should be neutral, not involved in trading or manipulating the market and concentrate on maintaining the trading environment and market depth. With more institutions and traders becoming aware of the crypto world, the market is crying out for a trading platform that is simple, easy to use and only focuses on the transaction itself, so as to provide users with the simplest, safest trading environment. That is the core vision of the new Australia-based exchange, FAMEEX.

With the gradual settling of the market, most exchanges have entered the era of 'Red Ocean Competition' in which horizontal business expansion is causing a race to the bottom. The increase in choice has not brought with it wealth creation for traders but has lowered the barrier to entry. After the boom times people are in need of a pure and simple exchange that provides the tools to profit through the bullish and bearish times. While the industry regresses, FAMEEX is in pursuit of the ultimate, a crypto trading platform with the perfect trading experience.

Returning to the pure essence of crypto trading, FAMEEX exchange has no shadowy financial management section. Their quant team with Wall Street and Singapore traditional Finance backgrounds can provide traders with the industry's top transaction matching capability and the deepest possible order book, allowing crypto to come back to the hands of traders. Starting from registration, FAMEEX has lowered the threshold in a holistic way, allowing beginners to easily trade cryptocurrencies, and letting professional traders indulge in crypto trading in a professional environment. Buying and selling are made easy on FAMEEX.

To even out the profits and losses of crypto trading, FAMEEX provides a more convenient API interface for professional quant trading investors and has developed grid trading and quantitative arbitrage trading plans based on user feedback and usage analysis. As we are all well aware, skyrocketing profits and tremendous losses are commonplace in this market. With the entry of institutional players, it's becoming more and more difficult for ordinary users to make continuous and stable profits. In order to equip traders with the tools needed to cope with the large number of quant trading bots in the market, FAMEEX provides the simplest grid trading and AI-recommended trading configs, and plans to launch a series of classic quant trading templates such as the martingale and turtle trading in the near future, so that traders who do not know how to write code can also implement these classic strategies for free and earn a stable income from the crypto market.

Bringing sense back to futures trading. With the increase in competition, various exchanges have begun offering 50X, 100X or even the absurd level of 150X leverage on futures, making the financial instrument of futures trading become a casino chip for gamblers. On top of that, the high leverage creates a situation where the easily manipulated crypto market is controlled by bookmakers. FAMEEX hopes that the financial industry can get back its senses and act to reduce leverage keeping the leverage to a maximum of 20X to make investors more rational. Futures trading is not gambling, we hope that our traders will grow with us together and become truly rational and professional investors.

An innovative options offering. FAMEEX not only provides advanced trading strategies and products for beginners and industry traders but also provides options arbitrage opportunities for higher frequency trading. Three-minute and five-minute cycles give short term trend traders 'more options'. It greatly reduces the running-in fees of higher frequency trading and the profit can equal 100%. Takes 3 minutes of trading cycle, and wins more profits that turns professional traders’ knowledge of the market quick enough into cash. FAMEEX options game is waiting for you to experience it.

As a brand new crypto investment platform, FAMEEX does not want to repeat the mistakes of more radical predecessors, so we embrace safety and actively comply with the spirit of regulations so that our platform can provide users with the best service while maintaining transparency. To some extent, the regulatory process and the bear market "ripening" of crypto businesses will also increase competition and reshuffle the exchange deck. With gradual penetration of crypto in to the wider market, regulatory compliance is the unavoidable end state for exchanges. Only the fittest will survive. Mophier, head of branding at FAMEEX, said, "The wave of closures of exchanges may be just the beginning, and a bigger 'shuffle' of exchanges is on the horizon". FAMEEX remains firm in its belief in decentralized and global crypto investment, compliance will be one of the most important links, regulatory enforcement may be a risk, but compliance can be seen as an endorsement by national authorities. A license that has been issued by the regulatory authorities is a recognition of the safety of the product and the exchange's responsibility to its users. FAMEEX has fully committed to cooperation with global financial regulators at the front line of anti-money laundering and anti-market manipulation to provide traders around the world with compliant, safe and really the best crypto asset trading and investment services.

Right now, to mark the launch of the new products, FAMEEX is offering a newcomer product experience event for a limited time: Register now and you will receive 5 USDT, and as much as 1000 USDT worth of gift packages for completing newbie tasks ranging from trading fee rebate coupons, free futures trading fees, and cash prize draw. This will allow traders from around the world to experience the joy of using the ultimate crypto exchange at zero cost. Click the link below to join us immediately, your 1000 USDT prize is waiting!

Creating the ultimate crypto trading platform experience - FAMEEX, we are here for you.

About FAMEEX

Launched in 2020. FAMEEX is a global cryptocurrency exchange that currently provides fiat-crypto, crypto-crypto, grid trading, futures, options, margin, spot and a hugely popular referral and affiliate program. With more than 200,000 users across 50 countries and regions. FAMEEX provides a secure, stable and efficient 24/7 trading platform.

Currently, FAMEEX is undergoing rapid expansion of the user base and is a reliable crypto exchange broker which operates under a policy of transparency and fairness. Moreover, the trading platform offers a high level of sophistication, with plenty of engaging trade choices to help traders accomplish their goals.

In addition, FAMEEX keeps pushing the boundaries of the crypto exchange industry, exploring frontier growth opportunities and strengthening core competencies, expanding into adjacent product offerings and developing innovative business models that lead the way in bringing Web3 solutions into the crypto ecosystem including recruiting more Web3 developers and researchers to enrich the Web3 product that will support those visionary traders.